As much as this looks to me like an irregular inverse H&S (Head & Shoulder) pattern, I am focussing on the support lines for now. We have been seeing consolidations around $43,500 - $43,800 which is good for now despite not getting a daily close above $44,500 as anticipated two days ago. The yellow and white line are drawn from the Ichimoku (Base line and conversion line respective, price action has continually found them as support.
The white line $41,221is a support drawn from the 200MA, as long as we stay above that, it's a safe market (not too safe though). Like I said earlier, looks like an irregular inverse Head and shoulder is being formed, completion will see BTC moon beyond what we can actually think, probably a creation of a new ATH, let's see how it goes.
The white line $41,221is a support drawn from the 200MA, as long as we stay above that, it's a safe market (not too safe though). Like I said earlier, looks like an irregular inverse Head and shoulder is being formed, completion will see BTC moon beyond what we can actually think, probably a creation of a new ATH, let's see how it goes.